#22
May/June 2021
The Interview: Josephine Sukkar AM John Knowles OAM Michael Drapac David Evans Robert Magid OAM Around The Country: Market Moves National Site Listings
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Inside Issue #22
From the CEO
05
The Interview: Josephine Sukkar AM Principal, Buildcorp
Welcome to the May/June Issue of The Property Development Review With our recent sixth birthday I’ve reflected on our immense progress from a standing start with no clients to the robust national business we are today. Thank you to all our Agency clients for your trust and on-going support.
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As an independent proptech business, Ready Media Group’s continual objective from day one has been and still is, is to drive the swiftest and best commercial property portals in Australia. We continually monitor and customise to the requirements of the marketplace and
The Interview: John Knowles OAM Founder Knowles Group
have proactively initiated numerous new market-leading products
21
This issue’s featured interviews with Rob Langton feature a selection of
The Interview: Michael Drapac Founder, Drapac Capital Partners
and enhancements. Our platform technology is always predicated on delivering our clients measurable commercial advantages.
business identities all with extraordinary intellects. Josephine Sukkar AM is the co-founder of leading high-profile construction company, Buildcorp. In addition she holds a number of other board level roles including Chair of the Australian Sports Commission – the first woman to ever hold the role. John Knowles OAM, the founder of the Knowles Group is an absolute industry icon. His group’s achievements and successes within the retirement-village
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The Interview: David Evans Executive Chairman Evans & Partners
and aged-care sectors are well documented – a great interview from a uniquely intelligent personality. Michael Drapac is founder of Drapac Capital Partners. With a gross development pipeline of over US$8 billion, Michael’s unique insights are truly enlightening. David Evans is Executive Chairman of investment specialist, Evans & Partners. With over $21b in funds under advice, David’s insights present a valuable perspective. Robert Magid, Founder of TMG Developments is really a man of many talents. As an extremely credentialed business individual,
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The Interview: Robert Magid OAM Founder TMG Developments
Robert’s interests extend beyond property to humanitarian and media. Robert’s interview is a must watch. Latest Development Site Listings & Market Moves Check the latest development sites for sale plus a summary of recent sold commercial property activity Australia-wide. Enjoy the read and importantly keep well.
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NSW: Property Listings
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VIC: Property Listings
40 65 68
QLD: Property Listings
SA: Property Listings
WA: Property Listings
Nick Materia, CEO, Ready Media Group On The Cover Josephine Sukkar AM Principal, Buildcorp Editor in Chief Frank Materia, frank@readymedia.com.au
Design & Direction Nespecart Advertising Enquiries Ted Lloyd ted@readymedia.com.au Editorial Enquiries editor@readymedia.com.au
Contact TPDR Ready Media Group Level 1, 167-169 Buckhurst Street, South Melbourne VIC 3205 Tel. 03 9631 5476 info@readymedia.com.au
Market Moves: Around the Country NATIONAL LOGISTOCS PORTFOLIO - $3.8 billion JLL has announced that it acted as advisor on Australia’s largest ever logistics real estate transaction, the acquisition by ESR Australia of Blackstone’s Milestone Portfolio, for $3.8 billion. The platform sale is comprised of 45 assets held by Blackstone’s Milestone logistics portfolio, which includes propertiesin Sydney, Melbourne, Brisbane, Adelaide and Perth. Key leads from JLL include Tony Iuliano, Stuart Crow and Adrian Rowse.
NSW
CHIPPENDALE - $150 million Chippendale’s Four Points by Sheraton Hotel has been picked up by KSL Capital, netting Jerry Schwartz a tidy $150 million. Located at 88 Broadway, the three-year old hotel presents 297 suites. JLL’s Mark Durran managed the deal. HILLSDALE - $75 million A Bunnings outlet in the Eastgardens shopping complex has been scooped up by Newmark Capital for $75 million, marking the sixth Bunnings asset to join their Hardware Trust. Colliers’ James Wilson managed the deal. PUB PORTFOLIO - $75 million A portfolio of five pubs in NSW’s Central West region have been picked up by Investment Management Group (IMG) for a total of $75 million. The hotels include, the Royal Hotel in Orange (near $24 million), the Dudley Hotel in Bathurst, the Castlereagh Hotel in Dubbo, the Federal Hotel in Wellington and the Federal Hotel in Mudgee. Pub Brokers & Advisory’s Nic Butler managed the sale. DOUBLE BAY - $38.5 million Fortis has expanded its Sydney footprint with the acquisition of an 824sqm site in Bay Street Double Bay. The site is earmarked to offer high quality commercial and retail space in the sought after city-fringe location. Following DA approvals, construction at the site is expected to commence mid-2022. The transaction was negotiated by Colliers’ Matt Pontey and Miron Solomons. ARNDELL PARK - $27 million A distribution centre in Arndell Park has been scooped up by Centuria Industrial REIT (CIP) for $27 million. Located at 29-31 Penelope Crescent, the 9,400sqm asset sits on a 1.9hectare landholding and was last sold in 2013 for $12.35 million. THE PONDS - $26.035 million A 2.5-hectare low density housing site within the Sultonesi Estate at 54 Hambledon Road The Ponds, traded under the hammer for $26.035 million. The site is master planned to allow for 51 individual lots: one commercial development and 50 residential. Cushman & Wakefield’s Yosh Mendis managed the deal in conjunction with Next Commercial’s Anthony Bray. 02
COLD FOOD & FOOD DISTRIBUTION PORTFOLIO - $269.4 million Charter Hall’s $6 billion wholesale industrial and logistics fund, CPIF, has announced the acquisition of a portfolio of 25 cold store and food distribution centres with an average 13.8-year sale and leaseback to leading food business, PFD Food Services for $269.4 million.
SELF-STORAGE PORTFOLIO - $147.7 million Abacus Property Group has recently secured four additional Self-Storage facilities for $44.2 million. Additionally the Group also acquired and completed the purchase of the remaining 60% interest in The Oasis Centre, Broadbeach QLD from an affiliate of KKR for $103.5 million. The facilities are located in Adelaide (Windsor Gardens and Woodville North) and Sydney (Kirrawee and Revesby). Overall they carry an aggregate occupancy of 91.5%.
SEVEN HILLS - $18.92 million A data centre in Sydney’s Seven Hills has traded off-market to Microsoft for $18.92 million. Located at 57 Station Road, the 2.57-hectare tract is yet-to-be developed, currently presenting two small buildings, one of which is occupied by Frasers Timber. DARLINGHURST - $17 million Darlinghurst’s The Strand Hotel has traded hands from Oscars Hotels to JAGA Group for a speculated $17 million. Located at 99 William Street, the venue recently underwent a $3 million upgrade – additionally the incoming owners are reportedly going to pursue an application to build more rooms. The deal was handled by JLL’s John Mosca and HTL’s Dan Dragicevich, Andrew Jollife and Sam Handy. TAMWORTH - $14.5 million East coast medical centre developer, Hampton Property Group, have recently offloaded a new project in Tamworth for $14.5 million. Located at 279B Marius Street, the three-storey, mixeduse building, known as East Tamworth Medical Centre, was secured by Clarence Property. LIDCOMBE - $12.3 million A private investor has purchased a landmark high-profile investment branded as the Adidas outlet, at 55-59 Parramatta Road. As well as Adidas, the building is further occupied by a balanced tenant mix offering multiple income streams with a net passing income of $693,338. The property was marketed and sold by Ray White Commercial’s Jai Sethi, Peter Vines and Victor Sheu. BOMADERRY - $8.05 million A convenience complex at 273 Princes Highway in Bomaderry, 160km south of Sydney, has recently sold for $8.05 million. Cushman & Wakefield’s Michael Collins and Yosh Mendis managed the deal. BALMAIN - $3.86 million A local owner occupier has acquired 79 Elliott Street, home of ‘Efendy’ restaurant at auction for $3.86 million ($360,000 above reserve). Despite its heritage restrictions, the purchaser aims to refurb the interior, and re-position as a new restaurant and bar. Savills Australia’s Nick Lower, Selin Ince and Oliver Ridley. CRONULLA - $3 million An investor has purchased a ground-floor trophy asset offered to the market for the first time since it was constructed in 2005. 4/103 Ewos Parade
sold under the hammer for $3 million. The sale was handled by Ray White Commercial’s Brad Lord. BYRON BAY – Undisclosed The Flannery family’s KTQ Group has divested The Sun Hotel in Byron Bay after it was snapped up by an investment group, led by the Winchester Group. The hotel occupies a 7,653sqm freehold landholding located on Byron Bay’s North Beach. CBRE’s Wayne Bunz and Paul Fraser negotiated the sale.
VIC
BAIRNSDALE & PAKENHAM - $141 million Two manufacturing facilities in Bairnsdale and Pakenham, currently leased to Patties Foods, have traded hands with Charter Hall picking up the pair for a total of $141 million. Patties have signed a 30-year leaseback on both assets. JLL’s Tony Iuliano and Andrew Rowse managed the deal with Charter Keck Kramer’s Andrew Grant. PARKVILLE - $138.7 million Dexus has splashed out $138.7 million for two mid-rise office buildings in Melbourne’s inner north. Located on Royal Parade and Mile Lane, Building 404 and the Manning Building form part of a Monash University Parkville campus, servicing the Pharmacy and Pharmaceutical Sciences faculty. The buildings generate close to $6.24 million in annual rent and were sold with a WALE of 12.4 years. CBRE’s Mark Coster oversaw the deal. MILDURA - $81.1 million Mildura Central has sold, changing hands from Vicinity’s Enhanced Retail Fund to IP Generation for $81.1 million – $78.1m plus cash contributions. Vicinity originally picked up the asset in late 2014 for $109.75 million. Colliers’ Lachlan MacGillivray managed the deal. PAKENHAM - $30 million Pakenham Place has traded hands from QIC to Leaf Corporation and BANCO Group for an amount speculated to be around $30 million. Situated at 67-79 Main St, the 15,879sqm shopping centre occupies a near five-hectare landholding and is comprised of 30 specialty stores, a medical centre, service station and 750 car parks. Coles has re-signed on and Aldi have recently
The Property Development Review taken over a newly vacant Target space. The incoming owners have indicated that they will pursue a refurbishment. MOOROOPNA - $7 million A Coles-backed retail property in 107-121 Echuca Road in Mooroopna, Goulburn, has been purchased by a local investor for $7 million. Ray White Commercial’s Tom Barr and Ryan Trickey managed the sale. MORNINGTON - $3.72 million The property formerly operating at the Mornington Cinemas has sold successfully at auction for $3.72 million, smashing its price guide of $3 million. The successful bidder was a local investor who will undertake a refurbishment. A new tenant will also be sought for the repurposed two-storey building. The asset was sold by Vinci Carbone’s Joseph Carbone with Jacobs & Lowe’s Michelle Adams and Jeremy Lewis. BRIGHTON - $3.525 million The former Genesis Medical Centre located at 390 Bay Street, has sold for $3.525 million, reflecting a $625,000 uplift in price for the owner who originally purchased the property just 18 months ago. The asset was sold with a permit for 5 medical practitioners and was purchased by a Vet who will occupy and refurbish the facility. CBRE’s Sandro Peluso, Josh Twelftree, Jimmy Tat & Marcello CaspaniMuto handled the sale. SOUTH YARRA - $35 million A South Yarra retail and office complex has been picked up by Oreana Property Group in an off-market transaction worth near $35 million. Known as South Yarra Square and located at 177 Toorak Road, the incoming owners are said to be pursuing a proposal for a luxury hotel, offices, wellness centre, retail and restaurant spaces. The off-market deal was negotiated by Emmetts’ Charles Emmett. ABBOTSFORD - $27.3 million A B-grade office in Abbotsford, situated on the banks of the Yarra River, has been picked up by EG Managed Property Funds for $27.3 million. Located at 675 Victoria Street, the three-storey building presents 3,743sqm of floor area with 115 car parks - Icon Constructions are the anchor tenant. Dawkins Occhiuto’s Andrew Dawkins managed the sale. HEALTHCARE PORTFOLIO - $13.86 million Owner occupiers have recently swooped on three vacant Melbourne healthcare properties. The sales in Ivanhoe, Brighton and St Kilda East amount to a combined $13.86 million. 405-413 Upper Heidelberg Road, Ivanhoe, headlined the sales at $8.62 million. The remaining two clinics were located at 390 Bay Street, Brighton, and 338 Dandenong Road, St Kilda East. CBRE’s Sandro Peluso, Josh Twelftree, Jimmy Tat and Marcello Caspani-Muto managed the transactions. CARRUM DOWNS - $13.8 million 75 Frankston Gardens Drive has traded from Carrum Downs Property Group to a local investorfor $13.8 million. The 2.23 hectare Industrial 1 zoned property boasts a 9,587sqm facility and was sold fully leased to pump manufacturer, Nov Mono until 2026. Colliers’ James Stott, Gordon Code and Daniel Telling managed the deal. EPPING - $11.3 million Walls and ceilings industry specialist, Intex Group International has acquired a $11.3 million foothold in Vaughan Constructions’ Biodiversity Business Park in Epping. The design and construct deal between Vaughan Construction and Intex will see a new, state-of-the-art 7,591sqm
office/warehouse headquarters developed by the construction company. CBRE’s Daniel Eramo negotiated the deal. EPPING - $9.1 million Prominent real estate developer, Genesis Property, has snapped up a 1.63 Ha infill development site at 142-150 Cooper Street in Epping’s urban renewal precinct for $9.1 million. CBRE’s Jake George, Daniel Eramo, Nathan Mufale and David Minty negotiated the transaction. TARNEIT - $4.5 million A 2.6-hectare site at 1273 Dohertys Road with development approval for a 35-lot subdivision has sold to Empire Properties for $4.5 million. NSL Property Group’s Guy Naselli handled the deal. LALOR – Undisclosed A premium early learning investment has recently sold for an undisclosed amount. Located at Level 1, 53 Mosaic Drive (Mosaic Village) in Lalor, the investment features a 15-year lease to Nino Early Learning Adventures to 2033 plus options to 2048. CBRE’s Sandro Peluso, Josh Twelftree, Jimmy Tat & Marcello Caspani-Muto managed the deal. DANDENONG SOUTH – Undisclosed Centuria Industrial REIT (CIP) has purchased a business park from Cadence Property Group. The 40,380sqm estate is set to make way for an $88.8 million project that will incorporate Green Building Council of Australia Design with a Five Star Green rating. Colliers’ James Stott managed the deal.
QLD
TOOWOOMBA - $145 million The Clifford Gardens shopping centre has traded from Blackstone to Elanor Funds Management for $145 million. Blackstone originally purchased the centre from Vicinity in 2016 for $188.5 million. BRISBANE - $117.5 million A Brisbane CBD office building has traded hands from Axis Capital to a Cromwell fund for $117.5 million. Located at 545 Queen Street, the A-grade 10-storey tower was originally purchased by the vendor in 2017 for $70 million. CBRE’s Peter Chapple, Bruce Baker, Flint Davidson and Stuart McCann brokered the deal. MOUNT ISA - $44.2 million SCA Property Group has acquired Mount Isa Village shopping centre for $44.2 million. With a floor area of 9,685sqm, the Coles and Kmart anchored sub-regional mall features 19 specialty tenancies and comprises the City’s only enclosed mall. Savills Australia’s Peter Tyson, Steven Lerche and Jon Tyson managed the sale. MACGREGOR - $17.5 million A 1.11-hectare large format retail complex at 520 Kessels Road has been scooped up by A-Mart Furniture founder John Van Lieshout for $17.5 million. Knight Frank’s Christian Sandstrom and Justin Bond managed the deal. MILTON - $8.435 million A 120-place childcare centre at 22 Marie Street Milton sold for $8.435 million, achieving a record yield of 5.28%, reflecting the tightest yield and highest rate per place recorded in QLD for centres over $5 million. Collier’s Tom O’Driscoll managed the sale. NEWSTEAD - $5.7 million Unison Projects has purchased a DA approved boutique residential scheme, just 2.5km from the CBD at 14 Maud Street, for $5.7 million. The preapproved DA allowed for a nine-storey residential tower providing 52 apartments. The property
was transacted by Ray White Commercial’s Tom Barr. SURFERS PARADISE - $5.1 million A residential development site at 12-14 Hamilton Avenue in Surfers Paradise recently changed hands for $5.1 million. The property presented 810sqm of vacant land, situated in the heart of Surfers Paradise, 120m from the beach. Its 'High Density Residential' zoning allows an unlimited height restrictions. Ray White Commercial’s Michael Willems managed the campaign with Ray White Special Project’s Matthew Fritzsche. SUNSHINE COAST HINTERLAND - $4.28 million Three modern medical centres have been sold by a single local vendor in the Sunshine Coast Hinterland for a combined total value of $4.28 million. Cooroy’s 8 Emerald Street sold for $1.88 million, 6 Imbil Island Road in Imbil sold for $1.2 million, and Pomona’s 5 Factory Street also sold for $1.2 million. All three leased properties were sold by Ray White Commercial’s Tracey Ryan.
WA PERTH - $260 million A Perth CBD office tower has been picked up by a partnership between Primewest and BlackRock Real Assets advised fund for $260 million. The vendor was AMP Capital Diversified Property Fund. BlackRock will hold the majority equity. Known as the AMP branded building at 140 St Georges Terrace is a 28-level, A-grade propertyand presents 29,800sqm of GFA. YANCHEP - $41 million A shopping centre in Yanchep, in Perth’s north, has traded hands for $41 million, making it one of the biggest deals of its kind in WA this year. The Woolworths-anchored centre, Yanchep Central at 2 Peony Boulevard, presents 6,673sqm of land. Jenkins Advisory’s Lloyd Jenkins negotiated the sale. SCARBOROUGH - $8.3 million USA-based Sentinel Real Estate Corporation has spent $8.3 million for a development site at 194 West Coast Highway and 7-17 Manning Street. A development application has been approved for a 24-storey build-to-rent comprising of 175 residential units and three commercial units. The property was marketed and sold by Ray White Commercial’s Brett Wilkins.
SA
ADELAIDE - $210 million Rundle Place, one of Adelaide CBD’s most iconic shopping destinations, has recently sold for near $210 million, marking one of the biggest single retail deals since the health crisis began in March 2020. Blackstone are the vendors to a purchasing partnership of Irongate and Fortius. Additionally, Fortius has also secured the Grenfell Street car park which adjoins Rundle Place, as part of the deal. The deal was overseen by McVay Real Estate and Knight Frank. KIDMAN PARK - $41.5 million An 11.92 hectare cold storage investment asset at 404-450 Findon Road in Adelaide’s West has traded from the ARA Logos Logistics Trust to 1835 Capital for $41.5 million. 03
MEDIA ALERT - 7 May 2021
Sydney May Portfolio Auction - 144 Australia’s Property People
Leading investment property specialist Burgess Rawson is
Buyers looking to invest in the nation’s capital will be
hosting its third Flagship Portfolio Auction of the year on
impressed with the lifestyle and fitness investment leased to
Tuesday 11 May at the Yallamundi Rooms, Sydney Opera
HIIT Republic, part of ASX listed Viva Leisure, located in the
House, where a range of in-demand assets will go under the
fashionable ACT suburb of Philip.
hammer from 11:00am.
Further afield there is a high yielding Harvey Norman store
As is normal, investors are spoilt for choice with a number
in Broken Hill as well as other high yielding investments
of premium, brand name tenants and some of the best 50% Stamp Duty Savings investment properties available.
located in Grafton and Kempsey.
Essential Service Investment Once more Sydney assets are well represented, with a Securely Leased to the State Government
50% Stamp Duty Savings
Giving an indication as to just how hungry property investors
8 Year Lease to International Powerhouse $4m National HQ Constructed 2018
are for sought-after strong investments, a car yard in
sought-after Pizza Hut in Waterloo, a strong performing
Narrabri and a BP branded service station in Uralla have
Shepparton VIC station on the busy Hume Highway in 7 Eleven service
Shepparton VIC auction. both sold before
Lansvale and a L J Hooker investment in Neutral Bay. The + Long 10 year lease to 2026 plus options to 2036
+ Long year leasestation to 2026 plus optionsin toUralla, 2046 The BP8service located which is s
320-322 Wyndham Street
ever-popular investments + Tenant paysbank all usual outgoings are represented by the CBA + Victoria Legal Aid: Government funded agency providing free legal advice
in Batemans Bay.
+ Fixed 3% annual rent increases
+ Immaculate fronted premises within 10many car parks on-title “We are seeing480sqm* some ofdouble the strongest enquiry years + Net Income: $126,725 pa* + GST (July 2021)
right now, and buyers are coming forward to make sure that Portfolio Auction 10:30am Wednesday 12 May, Crown, Melbourne
they don’t miss out on quality opportunities,” says selling Rocky Gagliardi 0407 826 542
Beau Coulter Zomart He 何梓轩 agent 0413Michael 839 898 Gilbert. 0488 220 830
In the bulky goods sector, there is a Harvey Norman store in Armidale, where the lease has just been extended for a further 7 years with a 5-year option to extend. HUME HWY
DEAN ST
ALBURY CBD 1KM ALBURY HIGH SCHOOL
13 Future Court
+ Fixed 2.5% rent increases/Tenant pays usual outgoings
outh-west of the city of Armidale, was eagerly snapped + Seedforce: Wholly-owned subsidiary of European seed giant RAGT
up by a Sydney investor over with the + Newly constructed 3,715sqm*for facility on $2million 6,753sqm* site incorporating office, warehouse, manufacturing and extensive hardstand
Narrabri car yard selling to a Brisbane-based investor + Net Income: $260,378 pa* + GST
for $1.92million.
Portfolio Auction 10:30am Wednesday 12 May, Crown, Melbourne
Investments will go under the hammer at 11am Tuesday Rocky Gagliardi Beau Coulter
Shaun Venables
0407 826 542 839 0411Rooms, 860 865 Sydney Opera House. 110413 May at898 Yallamundi
For more information, Burgess Rawson Sales Director Michael Gilbert can be contacted on 0430 024 790 or via email at mgilbert@burgessrawson.com.au
M E R C Y H O S P I TA L
ABOUT BURGESS RAWSON K I E WA S T
A L B U R Y TA F E 250M
Burgess Rawson is one of Australia’s leading property agencies, with a proud history spanning over 40 years. A full service agency, we sell, value, lease and manage commercial and residential investment assets for a large private
*Boundaries Indicative
investor community. Renowned for our iconic Investment Portfolio Auctions, we remain the undisputed market leaders by Residential connecting our rapidly growing with premium commercial investment 16 Apartments on Onedatabase Title of active investors Long 10 Year Lease + Option to 2033 properties Australia-wide. Immaculate Presentation and 100% Occupancywww.burgessrawson.com.au Established Malaysian Café Restaurant Albury NSW 521-527 Cowper Street + Strong occupancy history, leases as long as 10 years
Truganina VIC Shop 3/451 Leakes Road
MEDIA ENQUIRIES:
+ Long 10 year lease to 2028 plus option to 2033
Casey Irwin | P4 Group 0438 626+895 + Potential for future subdivision, on-sale (STCA) Fixed casey@p4.com.au 3% pa rent increases assuring growth + Large 1,185sqm* R1 (General Residential) zoned site with 36m* frontage
+ Tenant pays all usual outgoings
+ Situated in an established residential area, Mercy Hospital, golf course within 350m* plus easy access to Dean Street and CBD
+ 128sqm* premises plus 34sqm* alfresco area
04 + Net Income: $125,900 pa*
Portfolio Auction 10:30am Wednesday 12 May, Crown, Melbourne
+ Capital intensive tenant fit-out with full commercial kitchen + Net Income: $57,712 pa* + GST Portfolio Auction 10:30am Wednesday 12 May, Crown, Melbourne
The Interview: Josephine Sukkar AM
The Property Development Review
Josephine Sukkar AM Principal, Buildcorp
Josephine is an extremely talented individual. As co-founder of multi-tasked construction company Buildcorp, Josephine’s roles also include senior board positions on private, public, government, sporting and not-for-profit organisations. Her most recent and prominent appointment is as Chair of the Australian Sports Commission– the first woman to ever hold the role. Buildcorp’s high-profile projects have included the NSW Cricket Centre, refurbishment of Albany Creek Village Shopping Centre, Santa Sophia Catholic College - $152M vertical school and the upgrade of St Vincent’s Hospital Emergency Department. This interview with Rob Langton gives a great insight into Josephine’s proficiency and dedication across all her chosen roles.
Watch this interview now.
Scan to watch The Interview
30' Click play to listen to The Interview with Josephine Sukkar AM in full. Interview: Rob Langton, Ready Media Group 05
The Interview: John Knowles OAM
John Knowles OAM Founder, Knowles Group
John Knowles OAM - one of Australia's leading aged care developers and Founder of the Knowles Group, a privately owned entity with specific interests in aged care, retirement living and property. John and his partner’s business incorporates J&G Knowles, their in-house construction company, Arcare, one of Australia's most innovative aged care providers with over 4,000 beds nationwide, and Sencia, a specialist retirement community developer and operator. Born to a working class family in the Victorian countryside, John built his first house aged 17, ultimately moving to large-scale projects within the retirement-village and aged-care sectors. Today the Knowles Group employs over 3,000 people.
Watch this interview now.
Scan to watch The Interview
27' Click play to listen to The Interview with John Knowles OAM in full. Interview: Rob Langton, Ready Media Group 06
The Property Development Review
NSW Lis tings
07
Property Listings
NSW
Connecting people & property, perfectly.
8-10 Queen Street & 5-9 Coghill Street, Narellan NSW. For Sale by Expressions of Interest closing Thursday, 27 May at 4pm (AEST). Knight Frank and Endeavour Property Advisory are pleased to be appointed as exclusive agents to market Queen & Coghill Streets, Narellan for sale.
Key Highlights:
Prime town centre location
Excellent connections to motorway network
View Listing
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Dual street access
Directly opposite major retail centre
Lis tings
Set directly opposite the major retail offering of Narellan Town Centre, and roughly 200 m* from an identified potential future Sydney Metro station, 8-10 Queen Street & 5-9 Coghill Street presents as a “Focused on Fundamentals” opportunity with classic location essentials, diversified cash flow and future development upside.
•
5,953 sqm* Site Area
•
Strategic B2 Local Centre zoning
•
5 freehold titles
Andrew Gibbons 0411 261 605
Mark Litwin 0415 742 605 Grant Bulpett 0415 558 226 Akhil Arora 0444 504 326
*Approx.
5,953 sqm*
B2 Local Centre zoning
Property Listings
NSW
The Property Development Review
Connecting people & property, perfectly.
869-885 Luddenham Road, Luddenham NSW. For Lease Expressions of Interest Wednesday, 26 May 2021 at 4.00pm (AEST). Knight Frank is pleased to exclusively represent one of the last remaining zoned 25 acre* land parcels in the Northern Gateway Precinct of Aerotropolis, NSW, free of riparian setbacks. Northern Gateway Precinct
Flexible Enterprise zoning
Natural benefactor of Western Sydney Airport
180 m frontage
Flexible terms
Key Highlights: •
Strategic location within the Northern Gateway Precinct
•
Generous site area of 25 acres*
•
Flexible Enterprise zoning permitting wide range of uses
•
Strong uplift from future transport corridors including M12 Motorway and North-South Rail Link
•
Relatively flat, and unaffected by flooding or riparian setbacks.
Mark Litwin 0415 742 605 Grant Bulpett 0415 558 226
*Approx.
25 acres*
View Listing
09
Property Listings
NSW
248-250 Marrickville Road, Marrickville NSW.
47 Mindarie Street, Lane Cove North NSW.
Auction Tuesday 8 June - AuctionWorks.
For Sale by Expressions of Interest closing Thursday, 3 June at 4pm.
575 sqm* land area
Boutique boarding house
2.6:1 FSR & 20 m height limit *Approx.
Flexible 1,150 sqm* building
Anthony Pirrottina 0402 666 093 Demi Carigliano 0423 015 815 View Listing
27 self contained apartments
Strong rental potential
Anthony Pirrottina 0402 666 093 Demi Carigliano 0423 015 815 Cameron Fitzgerald 0432 096 135 View Listing
Accelerating Accelerating success. success.
Landmark building. 130-140 Parramatta Road, Ashfield NSW. For Sale by Expressions of Interest closing Thursday, 17 June. NO G LA TIN MI CA LO RE
Outlines indicative only
DEVELOPMENT SITE
Occupy, Invest or Develop The Ultimate East Melbourne Opportunity For Sale by Expressions of Interest closing Friday 11 June at 12pm For Sale by EOI closing 9 June 2021 at 12pm (AEST) 124-126 Jolimont Road, East Melbourne, VIC 395-397 Guildford Road, Guildford, NSW
2,415 sqm* site area
Demi Carigliano 0423 015 815 Matthew Pizzonia 0418 438 973 Daniel Esposito 0433 175 146 View Listing
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2:1 FSR
*Approx.
3,314 sqm* building area
Boutique Walking Site area: 2:1 FSR Jolimont Pocket Distance to 737m²* Location the Melbourne CBD & MCG colliers.com.au/p-AUS66013086 colliers.com.au/p-AUS66013141
Substantial 17m height Land Area of limit 470m²*
Jozef Dickinson Jordan McConnell 0402 0419 678 990 888 295 George Davies Henry Burke 0421 0418 799 238 489 636 John Marasco 0412 211 033 ** Approx. Approx.
colliers.com.au colliers.com.au
Property Listings
NSW
The Property Development Review
11
Property Listings
NSW
Indicative only*
Scan for Property Listing
70 Shelly Beach Road 'The Beach House', East Ballina
EXPRESSIONS OF INTEREST CLOSING, THURSDAY 10 JUNE, 2021 AT 4PM
Multi Purpose Function / Conference & Accommodation Venue with Ocean Views
• • Phone for More Information
Adam Grbcic 0404 087 772
adam@kollosche.com.au
•
Perched on an easterly headland, this 8,170m2* elevated property commands sweeping views over coastal rainforest, rugged cliffs and golden beaches that stretch towards Lennox Head and beyond. The site is nestled amongst gently undulating Crown land on all sides, guaranteeing privacy and a Northerly aspect with ocean views that will never be built out. Key features of this unique property: - 8,170m2* elevated parcel - Currently operating as a boutique conference and accommodation venue - Unique, peaceful and secluded headland Current improvements provide accommodation for: - Conference Centre: 250 people - Prestige dormitory accommodation for 28 people - Approval for an additional 35 people to 'glamp' on site - Full commercial kitchen - Multiple event and function areas
Please contact Adam Grbcic for a comprehensive due diligence pack.
kollosche.com.au 12
*approximate
Property Listings
NSW
The Property Development Review
431 BRINGELLY ROAD, LEPPINGTON EOI CLOSING 22 JUNE 2021 Located as part of the South West Growth centre of Leppington, close proximity to the proposed Western Sydney Airport (9km*), M5 & M7 Motorways, Hume Highway 7Km*, Leppington Railway Station and the proposed Leppington Town Centre 1km*. This industrial property is located in close proximity to the up and coming Leppington Business Park which is being developed by Stockland Industrial and Leppington Industrial Estate being developed by ESR. Both developers are building a major industrial estates that will be targeting a high volume of corporate tenants to the Leppington area.
Adam Tresidder 0431 780 392
19,675 sqm* total site area 88m* frontage along Bringelly Road 1.5km* from Leppington Train Station Zoned IN2 – Light Industrial Potential to build a range of industrial / showroom warehouses, or service station, child care etc (STCA)
* approx
Due diligence information is available upon request: - Sale contract - Environmental report - Survey plan - Outgoings - land tax and council rates - Contour Plans
Paul Mileto 0406 535 569
Tom Rourke 0400 456 363 13
Property Listings
NSW
226, 228, 230 & 232 Victoria Avenue, Chatswood Shead Property are delighted to offer a truly once in a lifetime opportunity to purchase 4 adjoining shops located along one of Sydney’s most sought after retail addresses. Located only 300m from Chatswood Chase Shopping Centre, the 4 adjoining properties are fully leased to long term and successful restaurant tenants. 226, 228, 230 & 232 Victoria Avenue, Chatswood. The properties have a combined total land area of 790.3 sqm and have flexible mix use zoning (B2 Local Centre), thus providing great potential for future redevelopment. Sale By E.O.I. Close 2pm Wednesday 26 May 2021 Bill Geroulis 0413 100 200 Rick Sombroek 0412 280 181
Bill Geroulis Principal/Licensee Shead Property 0413 100 200 bill@shead.com.au
14
Rick Sombroek Principal Shead Property 0412 280 181 rick@shead.com.au
Property Listings
NSW
More Than a Listing Portal
The Property Development Review
Targeted Buyer Leads Lifetime Campaign Support Transparent Pricing
Our stakeholders are you, the agents and vendors. Therefore the CommercialReady portal offers much more than just a property listing. Our integrated approach means we offer a myriad of purpose-built technologies and in-house media capabilities designed to enhance your campaigns visibility and interactivity with prospective buyers. We maintain the relevance of your sales campaign over its entire lifetime by consistently engaging an active and targeted audience. Importantly, we provide lifetime campaign support at no extra charge. Contact us today.
info@commercialready.com.au 03 9631 5476
15
Property Listings
NSW
WESTERN WE DEVELOPMENT S DEVELOPM
(MORTGAG
Ray White Commercial in conjunction with CBRE have been appointed to market a portfolio containing three (3) DA Approved development sites in Western Sydney, which will be sold as mortgagee sales. Presenting a rare opportunity to be sold either together or individually, the sites are desirably located near train stations, ensuring good accessibility both to and from the site. Expressing his expectations on the development sites, Principal of Ray White Commercial metropolitan 60 PELICAN ROAD, SCHOFIELDS
12 CARSON LANE, ST M 60 PELICAN ROAD, SCHOFIELDS Sydney Jeff Moxham• stated “We’re expecting strong DA Approvedˆ for 322 units across 5 buildings DA Approvedˆ for 322 units across 5 •buildings • DA Approvedˆ for 289 un
• Site area of 18,400 sqm *• Site area of 10,720 sqm* interest for all three•sites particular from sqm the * Siteinarea of 18,400 • Approved GFA of 25,305• sqm* • Approved GFA of 25,305 sqm* Approved GFA of 26,759 builder/developer market” Station • 500 m* to Schofields Train Station • 500 m* to Schofields Train • 700m* to St Marys Train S • Located in the heart of Schofields’ upcoming “With off the plan sales starting to move since • Located in the heart of Schofields’ upcoming • St Marys to be one of six town centre precinct and a short drive from the January, we’ve been receiving calls from various town centre precinct and a short drivethriving from the stations to connect with t Rouse Hill Town Centre thriving Rouse Hill Town Centre Aerotropolis groups hunting for stock. There has been a distinct ˆSubject to s4.53 of the EPA Act 1979 (NSW)
*Approx. ˆSubject to relevant subs
ˆSubject lack of availability of well-located approved sitestoins4.53 of the EPA Act 1979 (NSW)
the last 12 months.” Commenting on the current market conditions, managing director of Ray White Commercial (Western Sydney) Peter Vines declared “We’ve seen an increase Jeff Moxham in demand for apartment development sites with strong
*Approx.
TO BE S
TO BE SOLD TOGETHE
Jeff Moxham
Peter Vines
Principal Managing Di Peter Vines - Metropolitan Sydney Ray White Commercial Ray WhiteBe Co 0413 838 339 0449 857Dir 10 Principal Managing Director fundamentals in White the past three months with jmoxham@raywhite.com peter.vines@ Ray Commercial - Metropolitan Sydney Ray White Commercial - Western Sydney CBR
developers looking 0413 to secure pipeline for the future,” 838 a 339 jmoxham@raywhite.com
Expressions of interest for the portfolio closes on
0449 857 100 peter.vines@raywhite.com
042 ben
Wednesday the 9th of June at 4pm (AEST)
Under instructions from Jonathan Henry, Barry Kog Jason Ireland and Jason Pres as Receivers and Managers the Mortgagee
16
Property Listings
NSW
The Property Development Review
N SYDNEY ESTERN SYDNEY SITE PORTFOLIO MENT SITE PORTFOLIO
GEE SALE)
(MORTGAGEE SALE)
MARYS & 12 CARSON LANE, ST MARYS 46-54 COURT ROAD46-54 COURT ROAD & 356-358 THE HORSLEY DRIVE, 356-358 THEFAIRFIELD HORSLEY DRIVE, FAIRFIELD • DA Approvedˆ for 289 units across 4 buildings nits across 4 buildings
• Site area of 10,720 sqm* Approvedˆ for 290 4 units + retail across 4 • DA Approvedˆ for 290• DA units + retail across • Approved GFA of 26,759 sqm* bldg’s, 400m* to Fairfield Train Station sqm* bldg’s, 400m* to Fairfield Train Station • 700m* to St Marys Train Station • Site area of 9,233 sqm* Station • Site area of 9,233 sqm* • St Marys to be one of six brand new Sydney Metro • Approved GFA of 26,354 sqm* brandstations new Sydney Metro • Approved sqm* to connect with the Western Sydney GFA of 26,354 • Opposite Neeta Shopping Centre, in the heart of the Western Sydney • Opposite Neeta Shopping Centre, Aerotropolis Fairfield CBDin the heart of
Fairfield CBD ˆSubject to relevant substantial commencement provisions *Approx.
stantial commencement provisions *Approx.
ˆSubject to s4.53 of the EPA Act 1979 (NSW) *Approx.
ˆSubject to s4.53 of the EPA Act 1979 (NSW) *Approx.
SOLD TOGETHER OR INDIVIDUALLY
ER OR INDIVIDUALLY
s
Ben Wicks
Scott Gray-Spencer
irector Director Executive Managing Director en Wicks- Western Sydney Scott Gray-Spencer ommercial CBRE | Residential | Development CBRE | Capital Markets, Institutional /Metropolitan Investments 00 0422 206 015 0400 222 226 rector Executive Managing Director @raywhite.com ben.wicks@cbre.com.au scott.gray-spencer@cbre.com.au BRE | Residential | Development CBRE | Capital Markets, Institutional /Metropolitan Investments
22 206 015 n.wicks@cbre.com.au Under instructions from
m gan, ston s of
Jonathan Henry, Barry Kogan, Jason Ireland and Jason Preston as Receivers and Managers of the Mortgagee
0400 222 226 scott.gray-spencer@cbre.com.au
raywhitecommercialnsw.com
raywhitecommercialnsw.com
cbre.com.au
cbre.com.au 17
Property Listings
NSW
FOR SALE BYRON B AY LENNOX VILL AGE
M O N T W O O D
D R I V E
EPIQ MARKE TPL ACE (WOOLWORTHS + MEDICAL CENTRE)
C ONS E RVAT I ON AREA C ONS E RVAT I ON AREA C ONS E RVAT I ON AREA
MONT WOOD DRIVE, EPIQ, LENNOX HEAD P RE M I E R N O R T H E RN N S W RE T I RE M E N T V I L L A G E O R RE S I D E N T I A L D E V E L O P M E N T S I T E + Substantial infill coastal development site of 4.17 ha*, surrounded by open space + Approval in place for 124 ILU retirement village
EXPRESSIONS OF INTEREST CLOSING T UESDAY 22ND JUNE 2021 AT 4PM.
+ Highly attractive for a townhome development with concept for 118 dwellings (STCA) + Excellent location within highly successful master planned EPIQ development
Brendan Hogan
Chris O’Driscoll
+61 422 561 295
+61 418 724 225
+ Median house price exceeding $1,000,000^ + 200m to Woolworths anchored EPIQ Marketplace including medical centre + Strong catchment to attract both homeowners and retirees *Approximately. ^realestate.com.au. Outlines indicative only.
18
Mark Witheriff +61 439 038 100
Property Listings
NSW
The Property Development Review
19
Property Listings
NSW
sold
Ramsgate Beach
135 METRES OF DIRECT STREET FRONTAGE Address available on request, BEVERLEY PARK The design flexibility afforded by the immense street frontage ensures your future design will easily take full advantage of the uninterrupted sweeping open views across the St George area all the way to Botany Bay & beyond. The Site offers the following key highlights: 135 Metre Street Frontage R4 High Density Residential Zone 21 Metre Height Limit, Rectangular & level parcel FSR 2:1, 2200sqm (approx) Surrounded by R2 zoning, Terms Available * R3 zoning townhouses Situated in a quiet prestige residential precinct with amenities such * 25.6 metre frontage as ALDI & public transport virtually at your doorstep * 1720sqm site area
www.prdrb.com.au 9529 4666
For Sale
Rory Kalos 0416 069 349 rory@prdrb.com.au Salwa (Susie) Mattar 0477 606 080 susie@prdrb.com.au
DISCLAIMER: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
20
The Interview: Michael Drapac
The Property Development Review
Michael Drapac
Founder, Drapac Capital Partners As a 30-year veteran of the property industry, Michael Drapac is the founder of property investment group, Drapac Capital Partners. Currently the group have a gross development pipeline of over US$8 billion. Drapac have successfully invested and developed projects across a number of asset classes in Australia, Asia and the US. Our candid discussion with Michael provides insights into his individual viewpoints of real estate markets and asset classes. Michael’s unique assessment of property market conditions and cycles has been described as unorthodox however his track record is extremely effective in terms of performance.
Watch this interview now.
Scan to watch The Interview
40' Click play to listen to The Interview with Michael Drapac in full. Interview: Rob Langton, Ready Media Group 21
Dural
2-4 Barry Road, North Kellyville
" The Glasshouse Village " Opportunity to purchase North Kellyville Town Centre Site (Council Approved). Comprising of :
inspect by appointment
- 10,375m2 Retail / Commercial Areas - 150 Residential Apartments - 688 Parking Spaces - Attractive Terms and Conditions
contact Sam Russo 9651 1566
Schedule of Areas and Parking Site 1 - Retail / Commercial Zone Site Area Plot Ratio (Retail / Commercial Only)
m2 19,325 1.0:1
Maximum Permissible Gross Floor Area Maximum GFA for Retail / Commercial Premises to North Kellyville Local Centre
19,325 15,000
Gross Floor Areas - Retail and Commercial Supermarket 4,260 Retail / Commercial Areas 4,517 Toilets and Common Areas 1,598 Total GFA 10,375 Gross Retail Leasible Floor Area Supermarket Retail / Commercial Sub Total - Retail
Residential Block A 3 levels x 17 apartments per level = 51 apartments Block B 3 levels x 7 apartments per level = 21 apartments Block C 1 level x 14 apartments; 2 levels x 16 apartments per level = 46 Apartments Block D 1 level x 10 apartments; 2 levels x 11 apartments per level = 33 Apartments Sub Total 150 Apartments
Dural 22
for sale POA
518 Old Northern Road Dural NSW 2158
4,260 4,517 8,777 6,813 2,700 6,108 4,117 19,738
9651 1566
The Property Development Review
VIC
Lis tings
23
Queensland’s new property investment arena Burgess Rawson delivers unparalleled market expertise in all things commercial real estate, backed by the power of our huge national presence. For the past 20 years, our iconic portfolio auctions have set industry benchmarks, offering the nation’s best commercial investments for sale in one place. Our Brisbane team looks forward to welcoming our valued Queensland clients to Burgess Rawson’s new ‘home ground’ in the sunshine state. Investors can bid on the huge line-up of premium properties going under the hammer at our flagship event in Melbourne. Looking to divest? Make sure your first call is to our expert team: Glenn Conridge 0413 873 337
Sue Conridge 0403 298 841
Craig Chapman 0427 110 132
burgessrawson.com.au
Australia’s Property People 24
The Property Development Review
Hotly contested auctions result in sales well above reserve Investors were highly motivated at Burgess Rawson’s 144th Portfolio Auction in Melbourne last week, with 26 properties selling for a combined $100 million. Burgess Rawson Director Raoul Holderhead said that the results achieved 8.14% or $7.63 million above reserve for its clients. “It was an outstanding day with a 96% success rate,” said Mr Holderhead. “Investors are clearly hungry to secure assets, with enquiry levels triple that of this time last year.” Burgess Rawson harnessed a buyer pool of $574 million on the day, estimating that there were six buyers for every property. Mr Holderhead said that new investors are entering the commercial property market. “A large number of first-time investors, who have been watching the market but unable to dip their toe in the investment water due to limited supply, have now jumped in,” he said. “In addition, residential investors who have been priced out of the housing market have moved across to commercial. The appeal of long leases and reliable rental returns have created plenty of interest, especially with investors in the $2 million plus range. So, this has created even more competition and demand.
“We expect this trend to continue well into the next financial year.” Burgess Rawson is now looking forward to the next portfolio event on Wednesday 23 June.
Traditionally, the June portfolio is the largest of the year. This year’s line-up would have to be our largest and most impressive yet, with big name tenants such as Bunnings and KFC. In June, Queensland clients will be able to bid during the Melbourne Portfolio Auction from Burgess Rawson’s new Queensland ‘home ground’ at the Hilton hotel. “Demand for Queensland investment is so great, we will now provide a convenient location at the Hilton, for our clients to participate in the Melbourne Portfolio Auction,” said Mr Holderhead. For details regarding the June Portfolio, visit burgessrawson.com.au or call 03 9613 0400.
25
Property Listings
VIC
Artists Impression
The ultimate development opportunity for 2021 For Sale 2-4 Kingsway, Glen Waverley VIC – A high-profile triple-fronted freehold building within the Glen Waverley Activity Centre – a unique cluster of Melbourne’s best leisure, entertainment and residential offerings – Situated directly opposite the newly refurbished Glen Shopping Centre (over 240 shops/retailers) as well as the $450 million multi-tower Sky Garden residential development – Existing building provides strong income stream with opportunity for varied retail and commercial office uses for occupiers and astute investors *(approx)
26
International Expressions of Interest Closing Thursday 10 June 2021 at 2pm (AEST)
Josh Rutman Tim Carr Mingxuan Li 李名轩
0411 27 37 46 0415 767 915 0498 688 998
Ryan Trickey Ben Ainsworth Glenn Ye 叶格林
0400 380 438 0412 534 028 0476 938 888
property.jll.com.au
Property Listings
VIC
The Property Development Review
FOR SALE - EXPRESSIONS OF INTEREST - CLOSING WEDNESDAY 2 JUNE AT 1PM (AEST)
Outstanding development opportunity with holding income in the thriving surf coast 51-53 Surf Coast Highway, Torquay, Victoria • Two prime adjoining development sites with a total land area of 1,463sqm* Guide • Investment or development opportunity, currently under lease to Bells Beach Backpackers • Passing net income $90k p.a. (approx.) with the lease due to expire in September 2023 • High profile main road site with potential for a range of multiple uses (STCA) Lukas Byrns 0423 791 126
Marcus Neill 0452 405 782
cushmanwakefield.com.au
*Approx
27
Property Listings
VIC
VIEW LISTING
For Sale: 344-360 St Kilda Road, St Kilda VIC 3182 EOI closing Thursday 10th June at 3pm Danny Clark — 0448 066 889 Michael Gross — 0419 355 561
Mark Talbot — 0409 222 411 Shawn Luo 罗霄 — 0412 338 918
Prized St Kilda Island Site - Permit Approved – Island site of 1,370 sqm* of C1Z land – Planning permit for a premium 6 storey mixed use development – Permit consists of 4,743 sqm* of NSA throughout the development designed for owner occupiers / downsizers – Significant holding income – Re-design the permit into commercial, build-to-rent or hotel (STCA)
VIEW LISTING
Artist Impression
For Sale: 409 St Georges Rd, Thornbury VIC 3071 EOI closing Wednesday 2nd June at 3pm Danny Clark — 0448 066 889 Andrew Greenway — 0409 547 626
28
Located merely 5.5km* to Melbourne’s CBD, this boutique development site is permit approved and central to everything. – – –
Permit approved development for a boutique five (5) level mixed use project Benefitting from 1,351 sqm* of NSA including residential and a ground floor retail premise Generous apartment floorplans with a blended average scope 90 sqm* per apartment
Property Listings
VIC
The Property Development Review
9811 4222
gormancommercial.com.au 415 Riversdale Road Hawthorn East
EXPRESSION OF INTEREST Closing Wednesday 26th May
18 Bush Boulevard, Mill Park
Plenty Road
AN OUTSTANDING BLANK CANVAS • Substantial land holding of 13,805 sqm* • Three (3) street frontages with dual access from Bush Blvd and Wealthiland Dr
• Adjoining Australia’s leading retailers, Bunnings, KIA and Hyundai • Located within the City of Whittlesea, one of the largest and fastest growing municipalities in Australia • Situated within the Mill Park core activity centre precinct close to Westfield Plenty Valley Shopping Centre including Coles, Woolworths, K-mart, Aldi and 200 speciality shops
Jonathon McCormack 0418 835 885
nd ila h lt ea * W m 32
ive Dr
168 m*
Land Land area:area: 13,805 sqm*sqm* 13,805
d var ule Bo sh Bu m* 16
• Highly flexible Commercial 1 zone allowing for multiple usages (S.T.C.A.)
87 m*
Oleander Drive
Stephen Gorman 0418 321 828
*
Approx.
GOR0253 18 Bush Boulevard, Mill Park_T23 Age_Standalone_V8.indd 1
21/4/21 10:52 am
1101-1107 Whitehorse Rd, Box Hill
EOI. Closing Thurs 10 June at 3pm Box Hill’s Largest Residential Landholding • Significant 4,120sqm* Corner Allotment • Unrivalled Opportunity to Develop, Landbank or Invest • Frontage of Over 73m* to Whitehorse Road • Short Term Lease in Place - Sold as Going Concern Talk to us. Jeremy Gruzewski Liam Rafferty
0422 211 021 0421 886 655
*approx.
29
Property Listings
VIC
IRREPLACEABLE BRUNSWICK EAST LAND HOLDING
251-265 LYGON STREET & 1A PITT STREET, BRUNSWICK EAST VIC
Boundaries & measurements are indicative only *Approx.
IRREPLACEABLE BRUNSWICK EAST LAND HOLDING > Land area 2653sqm* > Building area 3800sqm* > 53.5 metre* frontage Lygon St and over 105 metres* total street frontage > Close proximity to major arterials, train stations & tram allowing easy access to CBD
FOR SALE JAMES LATOS 0437 537 957 30
DOM GIBSON 0409 366 941
EOI CLOSING Thursday 10 June 2021 at 5pm melbourneacquisitions.com.au
Property Listings
VIC
The Property Development Review
INVEST, OCCUPY OR DEVELOP
89 DALTON ROAD, THOMASTOWN VIC A RARE CORNER WITH ENDLESS OPPORTUNITY
> > > >
Former 45 bed Aged Care Facility Single level 1400m2* building + 6 cars Corner site with 105m* frontage Close to shopping, major arterials & transport Boundaries & measurements are indicative only *Approx.
2600m2* Site (GRZ5)
Boundaries & measurements are indicative only *Approx.
2071m2* Site (GRZ1)
74 DEVONSHIRE ROAD, SUNSHINE VIC PARKSIDE SITE WITH FLEXIBILITY TO OCCUPY OR DEVELOP
> Former 40 bed Aged Care Facility > Single level 1160m2* building + 8 cars > Abuts parkland gardens > Close to Activity Centre
FOR SALE
JAMES LATOS 0437 537 957
DOM GIBSON 0409 366 941
EOI CLOSING Thursday 3 June 2021 at 5pm melbourneacquisitions.com.au 31
Property Listings
VIC
8 Gordon Street, Elsternwick For Sale by Public Tender closing Wednesday 2 June 2021 at 2pm
Melbourne’s Most Remarkable Landholding
VIEW LISTING
Clinton Baxter
0413 569 888 cbaxter@savills.com.au
Jesse Radisich
0402 085 702 jradisich@savills.com.au
Nick Peden Outline Indicative Only
0402 011 266 npeden@savills.com.au
108 Martin Street, Brighton For Sale by Expressions of Interest closing Tuesday 1 June at 2pm
The Ultimate Brighton Investment with Upside VIEW LISTING Nick Peden
0402 011 266 npeden@savills.com.au
Mark Stafford
0404 401 053 mstafford@savills.com.au
Benson Zhou 周文旭 0458 488 888 bzhou@savills.com.au
Jesse Radisich Artist’s Impression
More Exposure More Competition Record Prices
32
0402 085 702 jradisich@savills.com.au
Property Listings
VIC
The Property Development Review
1 Victor Road, Bentleigh East For Sale by Expressions of Interest closing Wednesday 2 June at 2pm
The Ultimate Suburban Development Site
VIEW LISTING
Clinton Baxter
0413 569 888 cbaxter@savills.com.au
Nick Peden
0402 011 266 npeden@savills.com.au
Mark Stafford Outline Indicative Only
0404 401 053 mstafford@savills.com.au
1300-1302 Toorak Road, Camberwell For Sale by Expressions of Interest closing Friday 18 June at 2pm
Prime Permit Approved Camberwell Corner VIEW LISTING Jesse Radisich
0402 085 702 jradisich@savills.com.au
Nick Peden
0402 011 266 npeden@savills.com.au
Benson Zhou 周文旭 0458 488 888 bzhou@savills.com.au
Mark Stafford Outline Indicative Only
0404 401 053 mstafford@savills.com.au *Approx.
To discuss how we can generate an extraordinary sale for your property by accessing our vast international platform (Savills has over 28,000 staff in Asia), please contact the Savills Sales Team at any time.
33
Property Listings
34
VIC
Property Listings
VIC
The Property Development Review
Accelerating success.
* Approx.
colliers.com.au 35
Property Listings
VIC
Accelerating success.
Accelerating success.
Outlines indicative only
DEVELOPMENT SITE
Development Site
The Ultimate East Melbourne Opportunity
Permitted Site in Exclusive Elwood
For Sale by Expressions of Interest closing Friday 11 June at 12pm 124-126 Jolimont Road, East Melbourne, VIC
Boutique Walking Jolimont Pocket Distance to Location the Melbourne CBD & MCG
Substantial Land Area of 470m²*
For Sale by EOI closing Thursday 17 June at 2pm 55 Southey Street, Elwood, VIC
Jozef Dickinson 0402 678 888
George Davies 0421 799 489
Site area of 694m²*
John Marasco 0412 211 033
colliers.com.au/p-AUS66013086
* Approx.
colliers.com.au
Occupy, Develop or Invest. 333-335 Sydney Road, Brunswick VIC.
Land Area 606 sqm*
Floor Area 250 sqm*
Offered Vacant Possession
Development Opportunity (STCA)
Commercial Zone 1
Suit a variety of uses
Matthew Romanin 0412 888 428 Nick Bisset 0421 213 021 Paul Lillis 0402 381 399 View Listing
36
*Approx.
For Sale by Expressions of Interest closing Wednesday 16th June at 4pm.
Permit approval Total residential for 10 luxury NSA of 855m²* apartments
colliers.com.au/p-AUS66013110
Hamish Burgess 0421 641 497 Joe Kairouz 0421 430 638
* Approx.
colliers.com.au
The Property Development Review
Media LookingKit for a commercial investment property? 2020 – 2021 Search on CommercialReady
Visit commercialready.com.au for more info. 37
The Interview: David Evans
David Evans
Executive Chairman, Evans & Partners David Evans is Executive Chairman of acclaimed investment specialist, Evans & Partners. Founded in 2007 and now with over 140 staff, Evans & Partners provides high-worth individuals, advise with private wealth, capital markets, asset management, research and execution across Australian and global equities. With offices in Melbourne and Sydney and a 9,000 strong client base, Evans & Partners now have over $21b in funds under advice. Outside of Evans & Partners, David is also a Non-Executive Director of Seven West Media, a member of the Victorian Police's Corporate Advisory Group and Chairman of Cricket Australia's Investment Committee. His detailed and articulate financial markets knowledge is second to none.
Watch this interview now.
Scan to watch The Interview
37' Click play to listen to The Interview with David Evans in full. Interview: Rob Langton, Ready Media Group 38
Boost your campaign with video content that drives enquiries. Smart agencies are using video content as a key marketing component on every platform and channel. The creation of information-rich video content produced by DevelopmentReady has boosted both campaign enquiry levels and brand awareness for many leading agencies.
Make Video Content work for you — talk to us today.
39
QLD
Lis tings
40
Property Listings
QLD
The Property Development Review
5,623M²* BRISBANE CITY IN-FILL APPROVED DEVELOPMENT SITE Herston, 40, 42 and 46 Fleming Road
Outline and Locations Indicative Only
EXPRESSIONS OF INTEREST Closing Thur 3 Jun 2021 4pm
Mark Creevey 0408 992 222 mark.creevey@raywhite.com
• • • •
Tony Williams 0411 822 544 tony.williams@raywhite.com
Land area - 5,623m²* over 3 titles 3.5km* north of the Brisbane CBD Development Approval for 22 freehold terrace homes plus 3 existing dwellings Existing 20 room student accommodation and 3 dwellings providing a rental return of $237,900* gross per annum • Designated Low Medium Density Residential under BCC City Plan 2014 • Concept plans prepared for 132 bed Residential Aged Care (^STCA) • In close proximity to major health, education, recreation, transport and shopping facilities
Matthew Fritzsche 0410 435 891 matthew.@raywhite.com
*Approximately ^ Subject to Council Approval
raywhitespecialprojects.com 41
Property Listings
QLD
2,431M²* APPROVED NEAR CITY DEVELOPMENT SITE Greenslopes, 25, 27 and 29 Roseglen Street
Outline and Locations Indicative Only
EXPRESSIONS OF INTEREST Closing Wed 2 Jun 2021 4pm • • • • • • •
Land area: 2,431m²* over 3 titles DA approved for 20 apartments over 2 stages DA currency period recently extended to mid 2023 3 adjoining houses providing a combined rental income of $76,000* per annum Zoned LMR2 Low-medium density residential Sought after inner southern Brisbane location within 6km* of the CBD Walking distance to Greenslopes Private Hospital, Coles anchored Greenslopes Mall and transport links including South Eastern busway, M1 Motorway and Veloway 1 Cycleway
Matthew Fritzsche 0410 435 891 matthew.@raywhite.com Mark Creevey 0408 992 222 mark.creevey@raywhite.com Tony Williams 0411 822 544 tony.williams@raywhite.com
*Approximately
raywhitespecialprojects.com 42
Property Listings
QLD
The Property Development Review
GOLD COAST - 738M² WATERFRONT DEVELOPMENT SITE Biggera Waters, 536 Marine Parade
Outline and Locations Indicative Only
AUCTION
Thur 20 May 2021 11am - Gold Coast Turf Club, Bundall • Situated in an irreplaceable Golden Mile’ Broadwater front position, providing spectacular parkland, Broadwater and Surfers Paradise views • DA Approved for an 11 storey, boutique apartment development (9 apartments - 8 full floor apartments and 2 level penthouse) with potential to amend the current floor plate designs and apartment yield^ • 3 bedroom, 1 bathroom brick house, currently tenanted and providing rental income • Within close proximity to popular shops, cafes, restaurants, boat ramp access and pedestrian/cycle path
Matthew Fritzsche 0410 435 891 matthew.@raywhite.com Mark Creevey 0408 992 222 mark.creevey@raywhite.com Tony Williams 0411 822 544 tony.williams@raywhite.com
*Approximately ^Subject to Council Approval
raywhitespecialprojects.com 43
Property Listings
QLD
124HA* LOGAN CORRIDOR APPROVED DEVELOPMENT SITE New Beith, 130 Tully Road
Outline and Locations Indicative Only
EXPRESSIONS OF INTEREST Closing Wed 2 Jun 2021 4pm
• Land area - 124.81* Hectares • One of the last remaining large scale sites in the rapidly evolving Logan Growth Corridor • 16.5km* to Springfield Orion Shopping Centre and Springfield Central Railway Station 5.8km* to Greenbank Shopping Centre • Preliminary Development Approval for 70 rural residential lots over 2 stages ranging in size from 3,700sqm* to 4,638sqm* plus seven (7) balance area lots • Two (2) existing tenanted residential dwellings to be retained on 2 balance area lots of 3.1Ha* and 2.486Ha* respectively
Mark Creevey 0408 992 222 mark.creevey@raywhite.com Tony Williams 0411 822 544 tony.williams@raywhite.com Matthew Fritzsche 0410 435 891 matthew.@raywhite.com
*Approximately
raywhitespecialprojects.com 44
Property Listings
QLD
The Property Development Review
ADVERTISE IN TPDR Reach a wide audience pool by advertising in The Property Development Review. Call 03 9631 5476 or Email ted@readymedia.com.au
Click for More Info
101 LOT SUBDIVISION DA APPROVED AND READY Lowood, 9 Lindemans Road
Indicative Only
AUCTION
Thursday 10 June at 11am Gold Coast Turf Club, Bundall • • • • •
Lots ranging from approximately 800m²* to 1,200m²* Elevated and flood free land directly opposite a beautiful golf course Named one of the fastest growing regional suburbs in South East Queensland 1 hour east of Toowoomba 45 minutes west of Brisbane
Jackson Rameau 0438 451 112 j.rameau@rwsp.net Michael Willems 0412 240 176 m.willems@rwsp.net
*Approx
raywhitecommercialgoldcoast.com.au 45
News Release - 20 April 2021
Rare 100% interest in 444 Queen Street Brisbane coming to market. • A 23-level building at 444 Queen Street is being taken to the market via an International Expressions of Interest campaign closing on May 27 • An outstanding CBD office value-add opportunity with significant refurbishment and redevelopment potential • The campaign will be run by Knight Frank and CBRE, acting on behalf of joint owners Abacus Property Group (67%) and the Public Trustee of Queensland (33%) • The asset offers 13,968sq m of nett lettable area and 72 car bays on a 1,708sq m site in the heart of the Brisbane CBD
and commercial building up to 274 metres in height. “The Brisbane market has not experienced a true value-add opportunity at this price point in some time, and believe this opportunity will appeal to private investors, developers and institutional investors. “The wider Brisbane CBD is undergoing major revitalisation, with key projects including Queen’s Wharf, Cross River Rail and Brisbane Metro, totalling over $10 billion.
Brisbane, Australia – A 100% interest in a Brisbane CBD office tower at 444 Queen Street will be offered to the market for the first time in the property’s 56-year history.
“These projects with bring a new level of transport infrastructure and entertainment amenity to the Brisbane CBD, along with city shaping projects including the Howard Smith Wharves, Dexus Waterfront Precinct and Charter Hall and Investa’s 360 Queen Project.”
The 23-level building is being sold by Abacus Property Group, which owns 67% of the property, and the Public Trustee of Queensland, which has the remaining 33% stake in the asset.
Mr Phipps said 444 Queen Street was an appealing prospect for tenants, with versatile floor plates and stunning views of the Brisbane River over Customs House.
444 Queen Street is being taken to the market via an International Expressions of Interest campaign run by Justin Bond and Blake Goddard of Knight Frank in conjunction with Tom Phipps, Peter Chapple and Bruce Baker of CBRE.
“Rarely does a large-scale offering with enormous value-add potential like 444 Queen Street become available,” he said.
The asset offers 13,968sq m of nett lettable area and 72 car bays on a 1,708sq m site in the heart of the Brisbane CBD, within the city’s Golden Triangle, the premier business precinct of Brisbane. It is currently 76% occupied, with tenants including the joint owner, the Public Trustee of Queensland. Mr Bond said it was expected both onshore and offshore investors would be attracted to the opportunity to purchase 444 Queen Street.
“Aside from its ideal location, the property is one of Brisbane’s best value-add opportunities, offering a rare 100% ownership along with a significant refurbishment and leasing program or perhaps a redevelopment. “Repositioning the asset would bring it up to an institutional-grade asset, with opportunities under the current town planning guidelines including redevelopment into a hotel, build to rent, or a residential
“This is the first time a 100% interest in the property has been offered for sale, with the asset having been under joint ownership since its completion in 1975. “The property offers expansive river views and is in an amazing location, boasting a blue-chip Queen Street address in the heart of the city’s sought after Golden Triangle. It’s in close proximity to a wide range of amenity and transport including the Queen Street Mall, Eagle Street Pier, Howard Smith Wharves and Central Station. “The immediate precinct has experienced significant uplift in recent years, beginning with the completion of the premium grade 57,000 square metre tower at 480 Queen Street in 2016 and a number of surrounding owners significantly upgrading their assets including 175 Eagle Street, 410 Queen Street, 488 Queen Street, 500 Queen Street and 545 Queen Street.” The International Expressions of Interest campaign for 444 Queen Street will close at 4pm (AEST) on Thursday, May 27.
For further information, please contact: vanessa@degrootcommunications.com +61 410 460211
Kathryn.house@cbre.com.au +61 402 465440
Knight Frank LLP is the leading independent global property consultancy. Headquartered in London, Knight Frank has more than 20,000 people operating from 488 offices across 57 territories. The Group advises clients ranging from individual owners and buyers to major developers, investors and corporate tenants. For further information about the Company, please visit knightfrank.com. CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
46
The Property Development Review
47
Property Listings
QLD
boutique ‘jefferson lane’
beachside development site JUST LISTED AUCTION ON-SITE S AT U R DAY 1 2 T H J U N E AT 2 P M 1 0 7 9 G O L D C OA S T H I G H WAY PA L M B E A C H
549M2 FUNCTIONAL SITE TWO STREET FRONTAGES HIGH DEMAND FOR PALM BEACH RESIDENCES
JAR E D J O H N S O N 0423 386 939 L ACH L AN MAR S H ALL 0426 259 799
coastal da approved
residential development site JUST LISTED AUCTION ON-SITE S AT U R DAY 1 2 T H J U N E AT 1 1 AM 2 0 4 4 - 2 0 4 6 G O L D C OA S T H I G H WAY M I A M I
DA APPROVED FOR 15 APARTMENTS 100% LEASED HOLDING INCOME $76,440*P.A. SITE AREA: 810M2
JAR E D J O H N S O N 0423 386 939 L ACH L AN MAR S H ALL 0426 259 799 GUY P OWELL 0413 030 851
48
Property Listings
QLD
The Property Development Review
beachside cleared apartment site JUST LISTED EXPRESSIONS OF INTEREST CLOSING 15TH JUNE 2 9 1 7 - 2 9 1 9 G O L D C O A S T H I G H WAY S U R F E R S PA R A D I S E
827M2 FUNCTIONAL CORNER SITE ZONED ‘HIGH DENSITY RESIDENTIAL’ EXCELLENT TRANSPORT LINKS
DAX R O E P 0421 230 354 JAR E D J O H N S O N 0423 386 939 L ACH L AN MAR S H ALL 0426 259 799
landmark
development opportunity Miami Site
AUCTION IN-ROOMS 1 / 1 6 Q U E E N S L A N D AV E W E D N E S DAY 1 9 T H MAY 19, 21 & 23 HY TH E STR E E T M I AM I
1,215M2 BEACHSIDE DEVELOPMENT SITE BLUE-CHIP CORNER POSITION WITH 30M STREET FRONTAGE
DAX R O E P 0421 230 354 KAT R I N A WA L S H 0 4 2 9 8 9 9 2 9 5
49
Property Listings
QLD
high exposure
blue-chip development site JUST LISTED EXPRESSIONS OF INTEREST C L O S I N G 2 7 T H MAY AT 1 2 P M 6 ERN HARLEY DRIVE BURLEIGH HEADS
2,750M2 - 4,000M2 FUNCTIONAL SITE LEVELLED, SERVICED, READY WITHIN 4 MNTHS ‘MEDIUM IMPACT’ ZONING
BRANDON JOHNSON 0412 206 196 L ACH L AN MAR S H ALL 0426 259 799 JAR E D J O H N S O N 0423 386 939
high exposure 1,558m2 development site The
JUST LISTED EXPRESSIONS OF INTEREST C L O S I N G 3 R D J U N E AT 4 P M 573-575 AS H M O R E R OAD AS H M O R E
BLANK CANVAS HIGH EXPOSURE MAIN ROAD CORNER SITE - STRONG HOLDING INCOME 100% LEASED - SIGNIFICANT HOLDING INCOME $51,220 P.A.
JAR E D J O H N S O N 0423 386 939 L ACH L AN MAR S H ALL 0426 259 799
50
Property Listings
QLD
The Property Development Review
FOR SALE
116 L ave r Dr i ve , R ob i na, G ol d C oas t QLD
BURLEIGH HEADS
M1
MO
TOR
WA
Y
E XIT 82 R O B I N A TO W N C E N T R E TA F E
L AV E R
H E A LT H P R E C I N C T
L AVER DRIVE
C B U S S TA D I U M
DRIVE
TRAIN & BUS INTERCHANGE
HIGH SCHOOL
TO EX
H O S P I TA L
IT 79
LANDMARK DEVELOPMENT SITE • • • • • •
11,700sqm* Adjacent to Robina Train Station & Bus Interchange Direct access to the M1 Motorway Walk to all amenities & 22ha Robina City Parklands Approved for 450 bedrooms, up to 8 storeys Zoned Special Business
FOR SALE BY OFFERS TO PURCHASE CLOSING AT 4PM, WEDNESDAY 16 JUNE 2021 developmentready.com.au/properties/116-laver-drive-robina-qld-4226-38704
MARK WITHERIFF 0439 038 100
STEVEN KING 0417 789 599 BRENDAN HOGAN 0422 561 295 *approx 51
Property Listings
QLD
Luxury Home Builders, Boutique Property Developers Seeking The Best Position
Approx.*
116 The Esplanade, Paradise Point, QLD, 4216 This vacant land is ideal for wealthy property buyers who want to build their own bespoke property on the best position on the Esplanade at Paradise Point. Overlooking Sovereign Islands and the Broadwater with a sandy beach less than 20 steps away and with swaying Palm trees and beautiful safe walk ways..this is Paradise! East facing position, all cleared and ready for you to build your property. Development plans already approved by Council which will save you time and money. Paradise Point is an incredibly sought after area due to its proximity to Ephraim Island and Sovereign Island. Located away from the rush and bustle of the tourist areas, and situated in the half way position between Brisbane and Gold coast Airports.
• • • • • • •
880 m2* 3 Levels DA Approved boutique development RES B Plans and renders available Paradise Point-a safe a quiet sea side town The famed Paradise Point Esplanade is the hub of the community and locals love walking the Esplanade to the local cafes and attractions. • 20 minutes to Southport, 10 minutes to Sanctuary Cove.
Enquire today for more information - Alex Phillis 0411 600 300. CALLING IN ALL FINAL OFFERS, EOI 1st July - 1st August. DONT MISS OUT 52
Property Listings
QLD
The Property Development Review
Development Approved: 12 Townhouses & 16 Apartments
Approx.*
29 Tynwald Avenue,Bowen 4805 MUST BE SOLD BY 4 JUNE 2021 Alex Phillis of Phillis Real Estate is pleased to present the developer market with this DA Approved development site; 'Top of the Hill apartments' boasting spectacular ocean views over Bowen's stunning coastline. 29 Tynwald Avenue, Bowen, is the perfect site to build & host people who are working in the Coalfields and the Adani mine or build another resort for the town. The 5,866sqm block has been approved for 12 Townhouses and 16 Apartments. Townhouses 1-10 range from 216sqm to 257sqm and have a rumpus room on the ground level, which could double as a fourth bedroom. Townhouses 11 and 12 range from 173sqm to 177sqm. The apartment complex will present 16 x 3-bedroom dwellings of 150sqm to 167sqm. All apartments and townhouses will have coastal views.
• • • • • • • • •
Block size - 5,866sqm Approved for 12 Townhouses and 16 Apartments Townhouses 1-10 range from 216sqm to 257sqm Townhouses 1-10 all have a rumpus room on the ground level, which could double as a fourth bedroom, in case of need Townhouses 11 + 12 range from 173sqm to 177sqm Apartment complex has 16 x 3 bedroom Apartments range in size from 150sqm to 167sqm All apartments and townhouses will have coastal views Block is owned unencumbered - easements on title relate to water pipes and water overflow discharge course (no substance to the project) Council Head-works charges have been pre-paid in full
Enquire today for more info and to arrange an inspection - Alex Phillis 0411 600 300. FINAL OFFERS CLOSE 4 JUNE 2021, IF NOT SOLD PRIOR. 53
Property Listings
QLD
OCCUPY, REPOSITION OR REDEVELOP - STONES CORNER VALUE-ADD OPPORTUNITY!
54
Property Listings
QLD
The Property Development Review
295-303 Logan Road, Stones Corner, QLD, 4120
Approx.*
Elders Commercial Brisbane are pleased to exclusively present to the market an outstanding freehold opportunity suitable for owner occupation, investment or redevelopment. 295 - 303 Logan Road, Stones Corner is for sale via Expressions of Interest closing on Friday the 11th of June at 3:00pm (AEST). Highlights of the opportunity include: • 1,871m2 site with two (2) street frontage & access • Adaptable 998m2 NLA between two (2) existing buildings • 908m2 (vacant) & 90m2 (tenanted) • Forty-Two + (42+) on grade & basement car parks • District Centre zoning - exceptional development upside allowing for 8 stories code (STCA) • 500m to Buranda Train Station & Langland Park Bus Station • Situated in Stones Corner's high-growth retail precinct
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING 3:00PM FRIDAY THE 11TH OF JUNE 2021 For more information or to arrange a private inspection, please contact Robert Koster 0411 170 130 Ben Hackett 0437 630 643 55
Property Listings
QLD
RARE CORNER SITE RIPE FOR REDEVELOPMENT
ALBION 64 NARIEL STREET • • • • • • •
AUCTION EXCLUSIVE AGENTS
1,514sqm site situated on the corner of Wallace and Nariel Streets Prominent frontages of 49.9m and 30.2m General Industry B zone Improved with a residential home, horse stables and storage space Directly opposite the “Albion Fine Trades” Approx. 4km from the Brisbane CBD Less than 10km to the Brisbane Airport
Vaughn Smart 0423 591 531 vsmart@rhcommercial.com Keelan Mylius 0423 591 533 kmylius@rhcommercial.com
Auction In-Rooms (If Not Sold Prior) 11am Wednesday 23 June 2021 *Approximate and given as a guide only.
rhcommercial.com 3352 8900 56
Property Listings
QLD
The Property Development Review
Accelerating Accelerating Accelerating success. success. success.
* Approx.
colliers.com.au
ADVERTISE IN TPDR
* Approx.
colliers.com.au
* Approx.
colliers.com.au
Reach a wide audience pool by advertising in The Property Development Review. Call 03 9631 5476 or Email ted@readymedia.com.au
Click for More Info
* Approx.
colliers.com.au
57
Property Listings
QLD
Bluewattle Residential Estate, Townsville.
973* lot serviced englobo residential estate. Townsville, Queensland. For Sale by Expressions of Interest closing Thursday, 10 June at 4pm (AEST).
80.27ha, 4 lots, 14 entry points
Expansive infill development
4 titles from 1.59ha-60.11ha
Purchase in one line or separtely
View at knightfrank.com.au 58
230 of 1,204* lots developed
Close proximity to major amenity
Knight Frank is pleased to exclusively represent one of the largest residential zoned development parcels in the tightly held Townsville market. Conditions apply, Contact us for full details and a copy of the Information Memorandum. *Subject to Council approvals.
Paul Dury 0448 476 006 Andrew Forster 0477 220 766 Grant Bulpett 0415 558 226
The Property Development Review
Outline indicative only
*Approx.
Outline indicative only
59
Property Listings
QLD
EOI
ABSOLUTE BEACHFRONT DEVELOPMENT SITE - 1,318SQM* QLD, Surfers Paradise: 75-79 Garfield Terrace
Outline indicative only
NORTH ORIENTATED CORNER SITE + One of the last oceanfront development opportunities in Surfers Paradise + High Density Residential zoning with no building height restrictions + Ideally suited for a premium high-rise unit complex or a boutique hotel + Close to numerious excellent restaurants, world-class shopping outlets & entertainment facilities
+ Only 30 minutes* from Gold Coast Airport & a short walk to the light rail station + Situated in one of the world's most recognisable beachfront destinations + Invest in one of Australia's fastest growing communities
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING 16TH JUNE 2021 AT 12 NOON MARK WITHERIFF +61 439 038 100
REM RAFTER +61 408 714 420
cbre.com.au/properties *approx
60
Property Listings
QLD
The Property Development Review
40 Peninsular Drive, Surfers Paradise, QLD, 4217
HIGHRISE RE-DEVELOPMENT OPPORTUNITY WITH OPERATING BACKPACKERS SURFERS PARADISE
This rare opportunity to purchase a highrise development site consisting of three blocks in the heart of Surfers Paradise. Currently used as a backpackers, this site is just 300m from Cavill Avenue and 600m from Surfers Paradise Beach. The L-shaped site has a 36 metre frontage to Leonard Avenue and an 18 metre frontage to Peninsular Drive. The Gold Coast has always been a tourist destination but its rapidly increasing permanent population reflects an increasing trend of discerning owner occupiers moving to the region, attracted by its climate, lifestyle and facilities. This site lends itself to both markets due to its prime location. Investment Features Include: • 1,546m2 Approx site area • Option for a lease, owner occupier or vacant possession on settlement • Zoned for high-rise with an unlimited height limit • Two street frontages with North facing views over the Main River • Development sites with a temporary cash-flow are limited • Backpacker business is 35 years old and holds a liquor licence • Genuine and motivated seller
FOR SALE VIA PUBLIC AUCTION ON WEDNESDAY THE 26TH MAY AT 5PM AT GOLD COAST ART CENTRE. AUCTION LOCATION: IN ROOMS AT GOLD COAST ART CENTRE. For more information contact Jamie Bourke 0417 077 277 Simon Robertson 0449 951 772 61
Property Listings
62
QLD
Property Listings
QLD
The Property Development Review
MEDIUM DENSITY DEVELOPMENT POTENTIAL 39 Blackall Street, Woombye, QLD, 4559 This rare parcel of land of 5262m2 is located in the very heart of Woombye Village and is made up of five adjoining individual blocks, zoned medium density residential, with clear development potential, being offered to the market to be sold AS A COMPLETE PARCEL. The Medium Density zoning allows for the building of multiple dwellings including duplexes and townhouses, along with multiple other opportunities, refer 6.2.2 Medium Density Residential Zone Code – buyers must carry out their own due diligence prior to purchase ensure that any proposed development will be permissible under Sunshine Coast Regional Council Town Plan. Within walking distance to all Woombye's central amenities including supermarket, speciality retailers, medical centre, childcare, dining/cafes, historic tavern, tennis court, bowls club, bank, post office, and rail to Brisbane; plus, with quick easy access to Nambour Connection Road linking to M1 taking you north and south – the location provides exceptional convenience for any future residential development. Located within a 5–25-minute radius to major amenities including public and private schools, hospitals, beaches, Sunshine Plaza, university, emerging multibillion dollar SunCentral CBD, and Sunshine Coast airport; plus, only 70 minutes to Brisbane CBD
and international airport – this is a central hinterland location only 15-20 minutes to coast. Expressions of interest are invited by contacting the Agent with any enquiries, this will attract attention from developers and investors nationwide. • • • • • • • • • • • • •
5262m2 available for purchase – heart of town 5 sites in total – 4 x 1012m2 and 1 x 1214m2 Zoned medium density residential – refer 6.2.2 Medium Density Residential Zone Code 4 of the sites have tenanted houses, 1 is vacant Land Suitable to build multiple dwellings (stca) Footsteps to village centre & rail to Brisbane Quick easy access to Nambour Connection Road 5-25 mins to uni, schools, hospitals, major retail 15-20 minutes to coast beaches & local airport 5 minutes to M1 connecting to Brisbane – 70 mins Will be sold as COMPLETE Parcel only Attention: developers, landbankers/investors Please do your own due diligence For more information contact
Gary De Paoli
0408 731 412
63
The Interview: Robert Magid OAM
Robert Magid OAM
Founder, TMG Developments Common attributes with a number of highly prosperous property developers is their successful involvement in philanthropic and other business endeavours - Robert certainly has these qualities. As Founder of one of the Country's most experienced property developments groups, TMG Developments, Robert’s other business assets also include Polaris Media, publisher of high-profile Australian Jewish News and the Property Weekly Magazine. As well as being a highly credentialed business identity, Robert is an exceptionally motivated humanitarian, evident with his production of the critically acclaimed 'Eyeless In Gaza' documentary.
Watch this interview now.
Scan to watch The Interview
40' Click play to listen to The Interview with Robert Magid OAM in full. Interview: Rob Langton, Development Ready 64
The Property Development Review
SA
Lis tings
65
Property Listings
SA
Major industrial release For Sale or Lease 24-30 Kaurna Avenue, Edinburgh SA
– Building 12,553sqm* on land 50,770sqm* – Zone Strategic Employment – Suited to manufacture or distribution – Offered with vacant possession – Significant power – Under Instruction from Renewal SA *(approx)
66
Expression of Interest Closing Friday 18 June at 4.00pm on the SA Tender and Contracts website www.tenders.sa.gov.au Kym Hutchins 0438 836 817
Hamish Crouch 0433 278 821
property.jll.com.au/26969
RLA1842
Property Listings
SA
The Property Development Review
11-23 George Street, Green Fields SA.
Lot 2 & 12-13 The Parade, Seaford SA.
For Sale by Expressions of Interest closing Thursday, 13 May at 3:00pm.
For Sale by Expressions of Interest closing Friday, 28 May at 4pm.
Value adding office/warehouse
Directly fronting Seaford Central SC
David Ludlow 0439 260 645
Land area 770 sqm* - 2,953 sqm*
Offered in one line or individually *Approx.
Site area of 20,360 sqm*
*Approx.
Vacant possession
Oliver Totani 0412 808 743 Jack Dyson 0448 685 593
View Listing
View Listing
Connecting people & property, perfectly. Lot 309 Frisby Road, Angle Vale SA. For Sale by Expressions of Interest Community Sports Centre
Drakes
Trinity College Angle Vale Super School
Miravale Estate & Hillsview Green
Regular shaped 7.099 ha* site
Significant dev. in direct vicinity
Zoned Connectivity to transport networks Employment
Lot 304
Valuable nearby infrastructure spend
Gentrifying precinct
Nor
Marco Onorato 0481 157 645 David Ludlow 0439 260 645 View Listing
*Approx
ther
n Ex
pres
swa y
Outline indicative only RLA 199257
67
WA
Lis tings
68
Property Listings
WA
The Property Development Review
FOR SALE 8 Sleat Road, Mount Pleasant and/or 1 Helm Street, Mount Pleasant
14 DWELLINGS ON A 15+ STOREY DEVELOPMENT SITE Land area: 1,993sqm, 1,571sqm or 3,564sqm Suitable height 15+ storeys Located within Canning Bridge Structure Plan Mixed-use M15 Zoning ensuring incredible views Purchase both blocks and amalgamate the two sites to create an iconic building to rival any tower in Canning Bridge. Concept plans available on request!
Salt Property Group Sales Team Dane Mcknight | 0435 377 647 d.mcknight@saltproperty.com.au Glen O'Brien | 0418 923 123 g.obrien@saltproperty.com.au
FOR SALE 12 Brunswick Street, North Coogee
DEVELOP A MIXED-USE MASTERPIECE IN NORTH COOGEE Land area: 515sqm Suitable height 3-5 storeys Concept plans available for 13 apartments Located within Port Coogee Marina Mixed-use Marina Site 260m to the Beach, Shopping Centre, Pubs, Restaurants, Cafes & more!
Salt Property Group Sales Team Dane Mcknight | 0435 377 647 d.mcknight@saltproperty.com.au Glen O'Brien | 0418 923 123 g.obrien@saltproperty.com.au
69
Property Listings
WA
FOR SALE
SECURELY LEASED AMPOL TRUCKSTOP & SERVICE STATION WA, Kwinana Beach: Lot 500 Mandurah Road
MODERN SERVICE STATION & CONVENIENCE STORE OFFERING + Prominent 7,952sqm* corner site in high exposure location + 15 year lease expiring in 2031 plus 4 x 5 year options + Zero maintenance - rare ground lease + Annual 3% rent increases providing guaranteed rental growth + $289,818* net rent + Tenant pays all outgoings including Land Tax + Separate high volume diesel canopy to cater for commercial vehicles
EXPRESSIONS OF INTEREST CLOSING THURSDAY 10TH JUNE 2021 AT 3PM AWST RICHARD CASH +61 412 006 949
DEREK BARLOW +61 417 941 478
Outline Indicative Only
*approx
DEVELOPMENT OPPORTUNITY GROWING AREA
Wellard WA, 101 Bertram Road
SALE
Expressions of Interest • Located in Southern Growth Corridor • 7.79 hectares* • Approved Local Structure Plan • Easy Access to freeway & train station • 300 - 400 lot potential Brett Wilkins brett.wilkins@raywhite.com 0478 611 168 Enrique Reyes enrique.reyes@raywhite.com 0421 888 688 *Approx Outline indicative only
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raywhitecommercialwa.com
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